Balaclava Rd, Marsfield NSW 2122

There are insufficient recent house sales on Balaclava Rd to calculate a reliable premium or discount against the Marsfield average. Buyers should compare recent sales of individual homes on the street against nearby comparable properties to gauge current market positioning.

There is no bushfire, heritage, or flood overlay risk on Balaclava Rd, and no high-voltage powerlines are present. However, 14 properties are recommended for a flood check, and 23 fall under other flood classifications, meaning no flood risk has been identified or the property has not been mapped. A flood check recommendation does not necessarily mean a property floods, but it is worth reviewing council mapping, flood reports, and insurance costs before purchasing.

6 homes sit above the street; 7 homes sit level with the street; 17 homes sit below the street. Different site heights relative to the street can influence site characteristics, but buyers should assess the specific property rather than relying on the street average.

Balaclava Rd is an arterial road with a 60 km/h speed limit, and 98.3% of the residential properties on the street front this dominant road section. Arterial roads generally carry more through traffic, which may influence traffic levels or noise along the street.

There are 241 residential properties on Balaclava Rd. Apartments make up 50.6% of the residential stock, while houses account for 15.4%. The street has a mixed profile of housing types without a single dominant dwelling type.

The major apartment developments on Balaclava Rd include 188 Balaclava Rd, which has 120 lots across 4 levels and was built in 1993, and 160 Balaclava Rd, which has 20 lots across 2 levels. These developments contribute to the street's apartment presence or higher-density residential character.

2 houses and 3 apartments have sold on Balaclava Rd in the past 12 months. The 5-year turnover rate for houses is 16.2%, and for apartments, it is 13.1%. The turnover rate represents the proportion of properties that changed ownership during the past five years.

Balaclava Rd may be more aligned with buyers looking for apartments or those comfortable with an arterial road environment. The street features a mix of site heights, with many homes sitting below the street, and a small number of houses available. Buyers should consider these structural characteristics when deciding if the street fits their needs.